The typical asking rate per listing is in the $30's per square foot per year. The Kendall submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Gold Coast market, the Kendall region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 300 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Kendall are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Kendall.
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